While the exchange process involves some reverse logistics costs, it helps to prevent revenue from disappearing out the door by replacing a returned item. With Ryder and the right cross-selling and upselling tactics, exchanges can even result in adding more money to your bottom line.
Returns Management
Optimize your returns, and reverse logistics, to enhance your customer experience and reduce costs. At Ryder, our e-commerce returns capabilities include printing & inserting return labels, disposition, processing, and returning inventory to stock. As a result, you boost customer satisfaction and loyalty with a convenient and seamless returns process.
Configurable Workflows
Experience a returns process that works for you and your customers. A bad returns process can cost your business up to 15% in revenue. With Ryder e-commerce fulfillment solutions, you get customized reverse logistics with a leading returns management platform to ensure you maximize revenue, while cutting costs, and boosting.
Factors Affecting Costs of Returns
The following costs must be taken into account for returns management.
Labor
Every part of the returns process will have labor costs, including customer service, financial reconciliations, shipping, warehousing, restocking, and reselling.
Reselling
Returned goods may need to be repaired, refurbished, relabeled, or repacked.
Damages
If an item is returned damaged, it will need to be destroyed and the retailer takes on the cost.
Transportation
Transporting goods back to your distribution center can involve significant costs.
Partners for Streamlined Returns Management
Take advantage of our partnerships ecosystem for your returns management needs. RyderShip™ offers integrations with top returns software platforms to handle the process for you.
Turn Returns into Opportunities
More than 60% of online shoppers say they will not shop with a brand that has a difficult returns processes. If you handle e-commerce returns well, returns can be an opportunity for repeat business. While reverse logistics can be tricky to navigate, a returns management solution from Ryder makes it easy for you and your customers.
Identify Trends
Gather data for commonly returned items and provide better customer service.
Free Returns
Customers are more likely to buy if they know that they can easily return things they don't want.
Increase Loyalty
Build trust in your brand, encourage customers to buy from you again, and increase profits.
Offering Exchanges
Returns Management FAQs
Still have questions? Expand the FAQs to learn more. Complete the form to speak with a Ryder e-commerce expert.
- Can Ryder handle disposal of returned items that can’t go back into inventory?
- Does Ryder handle returns disposition?
- Does Ryder support third-party returns management technology?
- How can my customers see the status of their return?
- Can Ryder handle hazmat returns?
- Can Ryder help me reduce returns?
- Can Ryder help me reduce fraud and abuse of my return policy?
- Can Ryder’s returns management technology partners integrate with my systems?
- What is the difference between return management and reverse logistics?
- Does Ryder provide return-ready packaging?
- Does Ryder offer eco-friendly sustainable packaging?